Search Results for energy storage
Australia is Building the World’s Largest Solar Area
The world’s largest solar area project, named the Australia-Asia Power Link, will power three million households and is located in the Northern Territory of this continent. The project has already received the green light. It will cover an area of…
German state approves gas drilling project in North Sea
The controversial extraction of natural gas in the North Sea near the German island of Borkum is moving closer to becoming a reality after a responsible authority gave its approval. The Office for Mining, Energy and Geology (LBEG) in the…
From Grass to Electricity with the Help of Digesters
Over the years, growing dominant crops on land can lead to various environmental consequences, such as loss of biodiversity, soil erosion, and greenhouse gas emissions. Therefore, farmers are advised to revert parts of their land back to meadows, but whether…
Germany: As Solar Capacity Grows, Equipment Production Declines
Germany is making significant progress in developing renewable energy sources. The German Federal Statistical Office—Statistisches Bundesamt—confirmed this by providing data on solar energy capacity. As reported, in April 2024, about 3.4 million solar systems were installed on rooftops and parcels…
Natural Gas Demand Growth Picks up in 2024 But Outlook Remains Uncertain
Natural gas markets moved to more pronounced growth in the first half of 2024, with initial estimates indicating that global gas demand increased at a rate well above its historical average during this period. Demand growth is primarily supported by…
First Net-Zero Academy to Train 100,000 Workers in the EU Solar Photovoltaic Value Chain
The Commission has launched the European Solar Academy, the first in a series of EU Academies to be set up under the Net-Zero Industry Act (NZIA) to have in place the necessary skills along the net-zero technologies value chains. The…
Renewables and Grid Flexibility Would Slash Electricity Prices by a Quarter by 2030, by a Third by 2040
Boosting renewables, electrification and flexibility would structurally ease electricity costs for consumers, increase European competitiveness, and reinforce the business case for solar. New modelling shows that electrification and flexibility can slash average day-ahead energy prices by 25 per cent by…